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Woodards - Northcote

35-35A Railway Road Blackburn, VIC 3130

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35-35A Railway Road,
Blackburn, VIC 3130

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Prime Investment Opportunity in Central Blackburn: Versatile Property with Flexibility

Expression of Interest Closing Wednesday 25 September at 2.00

Seize this unique opportunity to invest, occupy, landbank, or develop in one of Blackburn’s most sought-after central locations, directly opposite the main transport hub. This prime property spans two separate titles, offering a combined land area of 714 m².
Key Features:
• Land Area: 714 m² (2 separate titles)
• Gross Building Area: 1,184 m² (approx.)
• Gross Lettable Area: 624 m²
• Zoning: Commercial 1, DD-08
• Car Spaces: 22 undercroft parking spaces
Investment Highlights:
• Potential Income: $170,000 p.a.* (*approx. fully let.)
• Current Income: The property is currently 50% leased, generating $90,000 p.a. net with a lease expiring on 28-2-2026, including a 3-year option.
This property offers incredible potential for investors looking for a secure income stream, businesses seeking a prime central location, or developers aiming to maximize the value of this rare landholding. Don’t miss out on this exceptional opportunity to secure a versatile asset in a thriving commercial precinct.

Information Memorandum available on request which includes a schematic concept for a proposed development option by renowned architects DP Toscano.

For further information and inspections please contact
Cameron Way 0418 352 3...
John Piccolo 0408 102 0...
Julian Badenach 0414 609 665.

Property ID: 504676352Last Updated: 30 Sep 2024

Woodards - Northcote

460 High Street
NORTHCOTE, VIC 3070
Woodards - Northcote
35-35A Railway Road
Blackburn, VIC 3130

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